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DEVELOPING EFFECTIVE MANUFACTURING STRATEGIES FOR PRODUCT MIX DECISIONS VIA THEORY OF CONSTRAINTS: A CASE STUDY

Yıl 2016, Cilt: 12 Sayı: 1, 1 - 18, 24.04.2016

Öz

One of the most important problems that today’s companies face the optimum product mix decision problems to maximize their profit level. Theory of constraints is one of the methods that can be used to solve these problems. In contrast to the traditional methods, TOC ensures superiority by determining the product mix. In this study, different manufacturing strategies are analyzed in the way of total income and gross profit within a firm manufacturing three types of products. Five different manufacturing strategies are investigated. Finally, it is found that the best strategy is TOC strategy according to total income and gross profit.

Kaynakça

  • Atwater, B. & Gagne, M. 1997. “The Theory of Constraints Versus Contribution Analysis for Product Mix Decisions”, Journal of Cost Management, 11(1): 6-15.
  • Bengtsson, J. & Olhager, J. 2002. “Valuation of product-mix flexibility using real options”, International Journal of Production Economics, 78 (1): 13-28.
  • Bengtsson, J. & Olhager, J. 2002. “The impact of the product mix on the value of flexibility”, Omega, 30(4): 265–273.
  • Berry, R. a& Smith, L.B. 2005. “Conceptual foundations for The Theory of Constraints”, Human Systems Management , 24: 83–94.
  • Bhattacharya, A., Vasant, P., Sarkar, B. & Mukherjee, S.K. 2008. “A fully fuzzified, intelligent theory-of-constraints product-mix decision”, International Journal of Production Research, 46 (3):789–815.
  • Coman, A. & Ronen, B. 1995. “Management by Constraints: Coupling IS to Support Changes in Business Bottlenecks”, Human Systems Management, 12: 65-70.
  • Draman, R.H., Lockamy III, A. & Cox III, J.F. 2002. “Constraint based accounting and its impact on organizational performance: a simulation of four common business strategies”, Integrated Manufacturing System, 13 (4): 190-200
  • Goldratt, E. & Cox, J. 1992. The Goal: A Process of Ongoing Improvement, Great Barrington, MA, North River Press.
  • Huff, P. 2001. “Using Drum-Buffer-Rope Scheduling Rather Than Just-In- Time Production”, Management Accounting Quarterly, Winter: 36-40.
  • Karataş, M. 2012. “Dağıtık Sualtı Sensör Ağlarının Karma Tamsayılı Doğrusal Olmayan Programlama ile Optimizasyonu” Marmara Fen Bilimleri Dergisi, 24(3), 77-92.
  • Kee, R. & Schmidt, C. 2000. “A comparative analysis of utilizing activity- based costing and the theory of constraints for making product-mix decisions”, International Journal of Production Economics, 63 (1): 1- 17.
  • Lea, B., Lawrence, D. & Fredendall, L.D. 2002. “The impact of management accounting, product structure product mix algorithm, and planning horizon on manufacturing performance”, International Journal of Production Economics, 79: 279–299.
  • Mabin, V.J. & Balderstone, S.J. 2003. “The performance of the theory of constraints methodology”, International Journal of Operations and Production Management, 23(6): 568-595.
  • Mehra, S., Inman, R. A. & Tuite, G. 2005. “A simulation-based comparison of TOC and traditional accounting performance measures in a process industry”, Journal of Manufacturing Technology Management, 16(3): 328-342.
  • Moore, R. & Scheinkopf, L. 1998. Theory of constraints and Lean Manufacturing: Friends or Foes? Chesapeake Consulting, Inc, All Rights, http://pm.chonnam.ac.kr/file/LeanTOC.pdf September 23, 2015 , from
  • Nave, D. 2009. “How To Compare Six Sigma, Lean and the Theory of Constraints a framework for choosing what’s best for your organization”, Process Improvement. Retrieved January 20, 2015, from ASQStoryon QualitySigmaAndLean.pdf
  • Pegels, C.C. & Watrous, C. 2005. “Application of the theory of constraints to a bottleneck operation in a manufacturing plant”, Journal of Manufacturing Technology Management, 16(3): 302-311.
  • Razi, N., Karatas, M. 2016. “A multi-objective model for locating search and rescue boats” European Journal of Operational Research, http://dx.doi.org/10.1016/j.ejor.2016.03.026
  • Ricketta, J.A. 2007. Reaching The Goal: Hor Managers Improve a Services Business Using Goldratt’s Theory of Constraints, IBM Press. Retrieved http://ptgmedia.pearsoncmg.com/images/9780132333122/samplechapt er/0132333120_CH03.pdf December 2015, from
  • Rippenhagen, C. & Krishnaswamy, S. 1998. “Implementing the theory of constraints philosophy in highly reentrant systems”, Proceedings of the 1998 Winter Simulation Conference, 993-996. Retrieved 23 September cs.org/wsc98papers/134.PDF from http://www.informs
  • Sheu, C., Chen, M.-H. & Kovar, S. 2003. “Integrating ABC and TOC for better manufacturing decision making”, Integrated Manufacturing System, 14 (5): 433 - 441
  • Simons Jr, J.V. & Simpson III, W.P. 1997. ”An exposition of multiple constraint scheduling as implemented in the goal system”, Production and Operations Management, 6 (1): 3-22.
  • Spencer, M.S. & Cox, J.F. 1995. “Master Production Scheduling Development in a Theory of Constraint Environment”, Production and Inventory Management Journal, First Quarter: 8-15.
  • TOC 2008. Theory of Constraints, Technology Roadmap for the Recreational Boat Building Sector, Retrieved April 12, 2011, from http://www.qmisolutions.com.au/uploads/files/1_8_toc.pdf
  • Utku, B.D., Cengiz, E. & Ersoy, A. 2011. “Comparison of the theory of constraints with the traditional cost accounting methods in respect to product mix decisions”, Journal of Doğuş University , 12 (2): 317-331
  • Ünal, E., Tanış, N. & Küçüksavaş, N. 2005. “Theory of constraints and an application in a manufacturing company”, Çukurova University Journal of Social Sciences, 14(2): 433-448.
  • Womack, D. & Flowers, S. 1999. “Improving system performance : a case study in the application of the theory of constraints”, Journal of Healthcare Management, 44(5): 397-405.
  • Wu, M. C., Chang, W.J. & Chiou, C.W. 2006. “Product-mix decision in a mixed-yield wafer fabrication scenario”, International Journal of Advanced Manufacturing Technology, 29: 746-752.
Yıl 2016, Cilt: 12 Sayı: 1, 1 - 18, 24.04.2016

Öz

Kaynakça

  • Atwater, B. & Gagne, M. 1997. “The Theory of Constraints Versus Contribution Analysis for Product Mix Decisions”, Journal of Cost Management, 11(1): 6-15.
  • Bengtsson, J. & Olhager, J. 2002. “Valuation of product-mix flexibility using real options”, International Journal of Production Economics, 78 (1): 13-28.
  • Bengtsson, J. & Olhager, J. 2002. “The impact of the product mix on the value of flexibility”, Omega, 30(4): 265–273.
  • Berry, R. a& Smith, L.B. 2005. “Conceptual foundations for The Theory of Constraints”, Human Systems Management , 24: 83–94.
  • Bhattacharya, A., Vasant, P., Sarkar, B. & Mukherjee, S.K. 2008. “A fully fuzzified, intelligent theory-of-constraints product-mix decision”, International Journal of Production Research, 46 (3):789–815.
  • Coman, A. & Ronen, B. 1995. “Management by Constraints: Coupling IS to Support Changes in Business Bottlenecks”, Human Systems Management, 12: 65-70.
  • Draman, R.H., Lockamy III, A. & Cox III, J.F. 2002. “Constraint based accounting and its impact on organizational performance: a simulation of four common business strategies”, Integrated Manufacturing System, 13 (4): 190-200
  • Goldratt, E. & Cox, J. 1992. The Goal: A Process of Ongoing Improvement, Great Barrington, MA, North River Press.
  • Huff, P. 2001. “Using Drum-Buffer-Rope Scheduling Rather Than Just-In- Time Production”, Management Accounting Quarterly, Winter: 36-40.
  • Karataş, M. 2012. “Dağıtık Sualtı Sensör Ağlarının Karma Tamsayılı Doğrusal Olmayan Programlama ile Optimizasyonu” Marmara Fen Bilimleri Dergisi, 24(3), 77-92.
  • Kee, R. & Schmidt, C. 2000. “A comparative analysis of utilizing activity- based costing and the theory of constraints for making product-mix decisions”, International Journal of Production Economics, 63 (1): 1- 17.
  • Lea, B., Lawrence, D. & Fredendall, L.D. 2002. “The impact of management accounting, product structure product mix algorithm, and planning horizon on manufacturing performance”, International Journal of Production Economics, 79: 279–299.
  • Mabin, V.J. & Balderstone, S.J. 2003. “The performance of the theory of constraints methodology”, International Journal of Operations and Production Management, 23(6): 568-595.
  • Mehra, S., Inman, R. A. & Tuite, G. 2005. “A simulation-based comparison of TOC and traditional accounting performance measures in a process industry”, Journal of Manufacturing Technology Management, 16(3): 328-342.
  • Moore, R. & Scheinkopf, L. 1998. Theory of constraints and Lean Manufacturing: Friends or Foes? Chesapeake Consulting, Inc, All Rights, http://pm.chonnam.ac.kr/file/LeanTOC.pdf September 23, 2015 , from
  • Nave, D. 2009. “How To Compare Six Sigma, Lean and the Theory of Constraints a framework for choosing what’s best for your organization”, Process Improvement. Retrieved January 20, 2015, from ASQStoryon QualitySigmaAndLean.pdf
  • Pegels, C.C. & Watrous, C. 2005. “Application of the theory of constraints to a bottleneck operation in a manufacturing plant”, Journal of Manufacturing Technology Management, 16(3): 302-311.
  • Razi, N., Karatas, M. 2016. “A multi-objective model for locating search and rescue boats” European Journal of Operational Research, http://dx.doi.org/10.1016/j.ejor.2016.03.026
  • Ricketta, J.A. 2007. Reaching The Goal: Hor Managers Improve a Services Business Using Goldratt’s Theory of Constraints, IBM Press. Retrieved http://ptgmedia.pearsoncmg.com/images/9780132333122/samplechapt er/0132333120_CH03.pdf December 2015, from
  • Rippenhagen, C. & Krishnaswamy, S. 1998. “Implementing the theory of constraints philosophy in highly reentrant systems”, Proceedings of the 1998 Winter Simulation Conference, 993-996. Retrieved 23 September cs.org/wsc98papers/134.PDF from http://www.informs
  • Sheu, C., Chen, M.-H. & Kovar, S. 2003. “Integrating ABC and TOC for better manufacturing decision making”, Integrated Manufacturing System, 14 (5): 433 - 441
  • Simons Jr, J.V. & Simpson III, W.P. 1997. ”An exposition of multiple constraint scheduling as implemented in the goal system”, Production and Operations Management, 6 (1): 3-22.
  • Spencer, M.S. & Cox, J.F. 1995. “Master Production Scheduling Development in a Theory of Constraint Environment”, Production and Inventory Management Journal, First Quarter: 8-15.
  • TOC 2008. Theory of Constraints, Technology Roadmap for the Recreational Boat Building Sector, Retrieved April 12, 2011, from http://www.qmisolutions.com.au/uploads/files/1_8_toc.pdf
  • Utku, B.D., Cengiz, E. & Ersoy, A. 2011. “Comparison of the theory of constraints with the traditional cost accounting methods in respect to product mix decisions”, Journal of Doğuş University , 12 (2): 317-331
  • Ünal, E., Tanış, N. & Küçüksavaş, N. 2005. “Theory of constraints and an application in a manufacturing company”, Çukurova University Journal of Social Sciences, 14(2): 433-448.
  • Womack, D. & Flowers, S. 1999. “Improving system performance : a case study in the application of the theory of constraints”, Journal of Healthcare Management, 44(5): 397-405.
  • Wu, M. C., Chang, W.J. & Chiou, C.W. 2006. “Product-mix decision in a mixed-yield wafer fabrication scenario”, International Journal of Advanced Manufacturing Technology, 29: 746-752.
Toplam 28 adet kaynakça vardır.

Ayrıntılar

Konular Mühendislik
Bölüm Makaleler
Yazarlar

Gülşen Akman Bu kişi benim

Burcu Özcan Bu kişi benim

Yayımlanma Tarihi 24 Nisan 2016
Yayımlandığı Sayı Yıl 2016 Cilt: 12 Sayı: 1

Kaynak Göster

APA Akman, G., & Özcan, B. (2016). DEVELOPING EFFECTIVE MANUFACTURING STRATEGIES FOR PRODUCT MIX DECISIONS VIA THEORY OF CONSTRAINTS: A CASE STUDY. Journal of Naval Sciences and Engineering, 12(1), 1-18.